Savoy Palawan Queen Suite Profit Sharing Hotel
Palawan, San Vicente, Kemdeng
Sale: ₱ 9,917,000
Full description
Listing ID: 04
1 Bedroom Serviced Apartment for sale in Kemdeng, Palawan
3 ways to earn at Savoy Hotel Palawan
✅1. Through profit-sharing
- annual passive income (estimates at 500k+/year)
- please note that San Vicente, Palawan is a tourism enterprise zone (a govt project)
- this will be heavily promoted by the govt alongside Megaworld
- the airport there also has a potential to be converted into an international airport (if you remember what happened in Boracay when caticlan airport was upgraded into an international airport and tourism went up from 1.2M tourist per year to 2M tourist per year)
- so with all these positive variables, we can say that income would be better here compared to our hotels in Manila
✅2. Property Value Appreciation
- we are still offering this at base price (the most affordable price)
- prices is guaranteed to go up from the base price
- the first phase is 5yrs but the entire 462hectare township is up to 15yrs (which means property value will continue to rise over time as the development progresses)
- right now, for the previously launched projects, property value already increased by 10% since the launch (1yr)
- we also have a clause in the contract which is called the right of first refusal, which basically means, in the future, you can offer it back first to megaworld at the price that will be determined by you
- if you decide to flip your property, roi will be huge bec you invested at base price
✅3. Free stay
- since you will be given 30days a year to use as your free stay, thats roughly around 300k worth of free stay yearly (wc you can use to other Megaworld hotels based on the 2023 VIP Platinum guidelines)
- if you do decide to sell it to friends / relatives at a discounted rate, thats gonna be a cherry on top of your yearly passive income
✅1. Through profit-sharing
- annual passive income (estimates at 500k+/year)
- please note that San Vicente, Palawan is a tourism enterprise zone (a govt project)
- this will be heavily promoted by the govt alongside Megaworld
- the airport there also has a potential to be converted into an international airport (if you remember what happened in Boracay when caticlan airport was upgraded into an international airport and tourism went up from 1.2M tourist per year to 2M tourist per year)
- so with all these positive variables, we can say that income would be better here compared to our hotels in Manila
✅2. Property Value Appreciation
- we are still offering this at base price (the most affordable price)
- prices is guaranteed to go up from the base price
- the first phase is 5yrs but the entire 462hectare township is up to 15yrs (which means property value will continue to rise over time as the development progresses)
- right now, for the previously launched projects, property value already increased by 10% since the launch (1yr)
- we also have a clause in the contract which is called the right of first refusal, which basically means, in the future, you can offer it back first to megaworld at the price that will be determined by you
- if you decide to flip your property, roi will be huge bec you invested at base price
✅3. Free stay
- since you will be given 30days a year to use as your free stay, thats roughly around 300k worth of free stay yearly (wc you can use to other Megaworld hotels based on the 2023 VIP Platinum guidelines)
- if you do decide to sell it to friends / relatives at a discounted rate, thats gonna be a cherry on top of your yearly passive income
Key features
- Bed: 1
- Bath: 1
- Usable area: 25 m2
- Floor: 3
Facilities
- Swimming pool
- Air conditioning
- Gym
- Internet
- Security
- Sauna
- Children's area
- Equipped kitchen
- Electricity
- Concierge
- Library
- Elevator
- Water
- Patio
- Alarm
- Built-in wardrobe
- Cellar
- Access for the disabled
- Grill
- Guardhouse
- Built-in kitchen
- Video cable
- Cistern
Floor plans